A User's Guide to the Bop and Iip: The Transition from Bpm5 to Bpm6

Abstract

Balance of payments (BOP) accounting conventions, never straightforward, have been complicated recently by the introduction of new standards. This note presents a short description of BOP and international investment position (IIP) data. It refers to data for the United States, Brazil, and South Africa, but given that there are worldwide standards for countries that report BOP and IIP, it should provide guidance for understanding the data of just about any country. It is meant to be a resource that students can refer to time and time again as they gain a deeper understanding of BOP data. Excerpt UVA-GEM-0135 Rev. Mar. 6, 2017 A User's Guide to the BOP and IIP: The Transition from BPM5 to BPM6 This note presents a short description of balance of payments (BOP) and international investment position (IIP) data. It refers to data for the United States, Brazil, and South Africa, but given that there are worldwide standards for countries that report BOP and IIP, it should provide guidance for understanding the data of just about any country. Individual countries publish their own BOP and IIP data, but the easiest place to find the data is in various International Monetary Fund (IMF) databases available at . The IMF not only brings together BOP and IIP data for more than 100 countries, it also ensures consistency in the presentation of the data. . . .